Ideas & Insights

Employers have several tax-advantaged methods for providing financial support to employees impacted by major disasters.

The SECURE Act makes changes affecting retirement benefits in qualified plans and in IRAs for both the employers and individuals.

The IRS has released the final version of Form W-4 reflecting changes to employee withholding from the Tax Cuts and Jobs Act.

IRS issues guidance on voluntary employees’ beneficiary associations (VEBAs) and supplemental unemployment benefit trusts (SUBs).

The IRS has published final section 6050Y regulations requiring reporting of sales and acquisitions of certain life insurance contracts.

Favorable rule for corporate stock acquisitions where life insurance contracts are less than 50 percent of the target corporation’s assets.

All companies seeking QI, WP, or WT status for 2019 must apply by Nov. 15, 2019 to have an agreement in effect.

The IRS has published a long-awaited practice unit as guidance for examinations of electronic books and records under section 1441.

New IRS cryptocurrency guidance provides much needed clarity but may require changes to returns not yet filed.

IRS issues proposed regulations regarding special valuation rules for employee’s personal use of an employer-provided vehicle.

Final regulations maintain partners cannot be employees of a disregarded entity owned by the partnership in which they are partners.

Mention of “reasonable compensation” in the new 20 percent passthrough deduction isn’t meant to incorporate the S corporation rule.

Retirement plans affected by Hurricane Maria and the California wildfires may find regulatory relief provided by federal agencies.

The IRS released its annual retirement plan limitations for 2018 with few increases, while others remain the same.

The IRS has provided disaster relief, including retirement accounts, to the taxpayers affected by the wildfires in California.

The Trump administration seeks to expand association health plans, short-term health insurance and health reimbursement accounts.

The amount of vacation, sick or personal leave that employees forgo for their employers to make a charitable contribution is not taxable.

The amount of vacation, sick or personal leave that employees forgo for their employers to make a charitable contribution is not taxable.

The IRS, Department of Labor and PBGC combine to offer regulatory relief for employee plans affected by Hurricane Harvey.

The Senate has blocked Republican efforts to modify the Affordable Care Act by voting against a health care reform bill.